Orbit International (OTCMKTS:ORBT) Releases Quarterly Earnings Results

Orbit International (OTCMKTS:ORBT) released its quarterly earnings data on Thursday. The company reported ($0.46) earnings per share for the quarter, Zacks reports. Orbit International had a negative net margin of 19.24% and a negative return on equity of 31.75%. The business had revenue of $5.24 million for the quarter.

Orbit International Price Performance

Orbit International stock remained flat at $4.68 during midday trading on Friday. The company had a trading volume of 5 shares, compared to its average volume of 336. The company’s fifty day moving average is $4.78 and its two-hundred day moving average is $4.62. Orbit International has a 1-year low of $2.42 and a 1-year high of $5.40. The stock has a market capitalization of $16.52 million, a PE ratio of -3.55 and a beta of 0.21.

About Orbit International

Orbit International (OTCMKTS:ORBT) is a designer and manufacturer of high-reliability power conversion products serving commercial, industrial and military markets. The company’s offerings include AC/DC power supplies, DC/DC converters, EMI filters and related power system components engineered to meet rigorous performance and regulatory requirements.

Orbit International specializes in custom design solutions, working with original equipment manufacturers (OEMs) in aerospace, defense, nuclear and medical sectors.